Key facts: Bitcoin ETFs see $225M inflows; Bitcoin surges 9% after liquidations
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On Tuesday, Bitcoin Spot ETFs in the U.S. saw net inflows of $225 million, down from $458 million, with the iShares Bitcoin Trust ETF attracting $322 million.
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Bitcoin surged as about $110 million in short positions were liquidated, with traders closing their positions after the cryptocurrency broke through key resistance levels.
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Bitcoin surged 9% in 12 hours after over $530 million in short positions were liquidated following the White House's nomination of pro-Bitcoin Kevin Warsh as Fed Chairman.
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source: https://www.tradingview.com/news/tradingview:f0d0747abd04a:0-key-facts-bitcoin-etfs-see-225m-inflows-bitcoin-surges-9-after-liquidations/
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